( 08/27/08 ) The market finished Up today, but the
real news is that the entire energy complex along
with Gold has reversed it's downtrend and is moving
Up. (eg) NGAS +6.79%, UNG +2.65%, PXJ + 2.09, USO
+1.87, UHN +1.08, GG +2.24%, AEM +2.19%, GEOI +1.63
Refer to the below charts.
Disclaimer: Schippi holds positions in all of the
above.

( 08/22/08 ) The Market closed Up with a big
gain on Friday, but for the past month or so all
these big gains were followed by a Decline. If you
view the below Dow seasonal chart, it is evident
that a High Market Risk time-frame is approaching.
This suggests that the next week or so will be the
best time to sell any market correlated stocks. This
seasonal chart also suggests that A buy point will
emerge towards the end of October. The 200% long Dow
ETF is DDM and the 200% DOW short is DXD.
An interesting and well documented phenomena is the seasonal rise
of Heating-Oil as depicted in the below seasonality
chart. UHN is the ETF trading symbol for
heating-Oil.

Be sure to checkout the excellent
www.seasonal.com web page.
An other area of Energy that is getting a lot of
attention recently is the 24/7 zero-pollution
Geothermal applications. U.S. Geothermal ( GEOI )
appears to be strong and Calpine ( CPN ) is also a
second consideration.
Please note that this content is presented for information only and
is not a recommendation.

( 08/20/08 )
The SelectSectors
Indicators are now approaching an all Red condition.
This has happened many times before, but because we are
approaching the worst market months of the year, I think
you have to pay attention to the current market
deterioration. My approach ( which is not a
recommendation ) will be to augment my ETF short
positions via
www.proshares.com/funds.
Also keep in mind that
the CCP tables and charts are intended only for market
Up-Trends and are not appropriate for market Declines.
( 08/15/08 ) The U. S. Dollar has moved
sharply Up with massive volume. The casualties of this move are
OIL, Natural-Gas, Gold and Commodities. However, I suspect a
Gold , Oil, Nat-Gas buy point is near.

Medical-Equip, Medical-Deliv and Bio-Tech dominate the 15, 30 and 60
day CCP tables. BioTech ( ETF proxy XBI ) however has
recently demonstrated weakness after a big run Up.
Also note that Medical-Equip is moving Up because it holds
strong stocks that are moving Up ( BAX, ACL ) as contrasted to Medical-Deliv
which holds stocks that have been trashed and are now bouncing
Up.
Schippi continues to believe this is only a market for
Day-Traders. (ie) Going Long and Short over very short
time frames.

The below charts indicate some of the top ETFs, which have numerous
advantages with respect to stocks and mutual funds.

Major Market Indices

Major Short ( Inverse ) ETFs.

Major Country ETFs

Major Country Currencies

Major Sector ETFs

Crude-Oil, Natural-Gas, Gasoline, Heating-Oil, Energy

Gold
& Silver

Ribbon chart of the NDX100( QQQQ )

Suggested StockCharts.com chart
settings for exiting a Declining market.

The below
Institutional Index ( XII ) chart displays what the Big Boys are doing.

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